Collaboration enables pay to play gamers to use online banking
TORONTO, ON, March 6, 2012 – Virgin Gaming, the most advanced competitive gaming platform online, and Mazooma, the leading online bank transfer payment option for the U.S., today announced an agreement that will enable Virgin’s players to use funds directly from their bank accounts for cash-based tournament and head-to-head game play. Players in the U.S. can easily deposit money into their Virgin Gaming account to compete for cash prizes in top EA Sports® titles such as Madden NFL 12, FIFA 12, and NHL 12, available on the Xbox 360® and PlayStation® 3 gaming consoles.
Mazooma is a real-time payment option optimized for ecommerce that allows consumers to fund a digital wallet or pay for digital goods using their online bank account.
“Mazooma is an ideal payment option for our target customer demographic,” says Virgin Gaming’s CFO Harp Gahunia. “Not all of our gamers have access to credit cards, but they do have bank accounts. Mazooma lets us reach this entirely new player base.”
“We’re excited to be working with Virgin Gaming, the most recognized brand in the skills-based gaming industry,” says Wilson Lee, President of Mazooma. “Our solution supports the unique requirements of cash-based competitive gaming play – an exciting industry poised for explosive growth.”
About Virgin Gaming
Introduced in June 2010, Virgin Gaming is the premier destination for competitive console gamers to meet, challenge and play in head-to-head matches and tournaments for cash and prizes. With an array of proprietary features, including a Fair Play Guarantee™ (with automatic game results validation), Virgin Gaming allows gamers of all skill levels from around the world to safely and easily compete online against friends and other members in some of their favorite multiplayer games. A leading-edge convergence of competitive online gaming and video games, Virgin Gaming offers robust community features with member pages, community reputation and skill ratings, a variety of exciting tournament formats and more. For additional information, visit Virgin Gaming.
About Mazooma
Mazooma is an innovative payment solution provider for online commerce. The company’s patented payment system provides an alternative clearing network to credit cards, combining the security of online banking with the speed of a simple transaction process to enable a safe, instant checkout for consumers. Mazooma currently supports the sixteen largest U.S. banks, serving the 55 million American households that actively use online banking. The company’s micropayment solution for digital merchants was launched in August, 2011. Mazooma is headquartered in Toronto and has offices in Miami and Chicago. For more information, visit www.mazooma.com.